2 Bed Flat, Single Let, Southend-on-Sea, SS2 6DQ, £200,000

47 Victoria Avenue, Southend-On-Sea, Essex, SS2 6NP - 2 months ago

Leasehold
BTL
ROI: 4%
~57 m²
+12 photos

ValuationOvervalued

Sold Prices£75K - £285K
Sold Prices/m²£2.1K/m² - £5.4K/m²

 

 

Square Metres

~57 m²
Price/m²£3.5K/m²

Value Estimate

£183,871

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£1,000 - £1,700

Rent Estimate

£1,088

Running Costs/mo

£863

Cashflow/mo

£225

Cashflow/yr

£2,705

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £285K, average is £206.5K. £2.1K/m² to £5.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£265K12/230.17 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.17 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£145K07/210.21 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.21 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£180K11/210.33 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£75K04/210.34 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£190K12/200.38 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£165K10/230.39 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£180K08/230.4 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£187.5K07/210.4 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£235K10/230.42 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£220K03/230.42 mi126, East Street, Southend-on-sea SS2 5EE2
£150K06/210.43 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£240K09/210.45 mi55, Shakespeare Drive, Westcliff-on-sea, Southend-on-sea SS0 9AA2
£200K11/210.46 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£166.5K11/200.46 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£185K02/210.48 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£248K08/230.48 mi180, East Street, Southend-on-sea SS2 5EA2
£135K11/230.5 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£235K01/210.5 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£140.5K03/210.5 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£210K09/210.5 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£177K07/210.52 mi30a, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DP2
£200K09/210.52 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£200K06/210.52 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£220K10/230.52 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£184.5K10/210.52 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.52 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£202.5K02/210.53 mi29, South Avenue, Southend-on-sea SS2 5JA2
£200K09/210.53 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£235K11/200.53 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£220K02/230.54 mi485a, Sutton Road, Southend-on-sea SS2 5PL2
£210K08/230.54 mi473b, Sutton Road, Southend-on-sea SS2 5PL2
£225K06/210.55 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£218K11/210.55 mi96a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£210K12/200.55 mi96, Ennismore Gardens, Southend-on-sea SS2 5RB2
£237.5K05/230.55 mi108a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£285K03/210.57 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£130K08/230.57 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.57 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£200K09/210.57 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£210K10/200.57 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£244K06/210.58 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.58 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£200K11/210.6 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£205K04/210.6 mi64, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DL2
£245K05/230.64 mi11a, Shakespeare Avenue, Westcliff-on-sea, Southend-on-sea SS0 0ST2
£210K12/230.65 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£250K09/210.65 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£208K03/230.65 mi158, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT2

Local Rents

38 rents from £1K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,32509/240 miThe Avenue, Southend-on-sea, Essex2
£1,32503/240 miThe Avenue, Southend-on-sea, Essex2
£1,12509/240.02 miThe Pinnacle , Southend-On-Sea2
£1,17502/250.02 miThe Pinnacle , 59 Victoria Avenue 2
£1,35011/240.03 mi-2
£1,50003/250.03 mi-2
£1,35002/250.03 mi-2
£1,35003/250.03 mi-2
£1,40009/240.04 mi-2
£1,55003/250.04 mi-2
£1,40009/240.06 miVictoria Avenue, Southend-on-Sea2
£1,35003/240.06 miBeaumont Court2
£1,25003/240.06 miBeaumont Court, Southend-On-Sea2
£1,35009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.06 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,35009/240.06 miBeaumont Court, Victoria Avenue2
£1,35009/240.06 miBeaumont Court, Victoria Avenue, Southend on Sea2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.06 miVictoria Avenue, Southend-on-Sea2
£1,50010/240.06 mi-2
£1,45011/230.06 mi-2
£1,65002/250.06 mi-2
£1,27509/240.06 miBeaumont Court, - Victoria Avenue, Southend-On-Sea2
£1,30011/240.1 mi-2
£1,25009/240.1 mi-2
£1,25008/240.1 mi-2
£1,25009/240.1 mi-2
£1,70009/240.12 mi-2
£1,40009/240.13 miVictoria Avenue, Southend on Sea, SS22
£1,35009/240.14 miSweyne Avenue, Southend On Sea2
£1,00004/250.15 mi-2
£1,28001/250.16 mi-2
£1,50004/250.17 mi-2
£1,35002/250.17 mi-2
£1,45009/240.19 mi-2
£1,10009/240.26 miLondon Road, Westcliff-On-Sea2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.68 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £200,000

March 20, 2025

Listed for £220,000

February 25, 2025

Floor Plans

Description

  • A Well Presented First Floor Apartment With Balcony +
  • Two Bedroom With An Open Plan Living Arrangement +
  • Resident Permit Parking Space In A Communal Car Park +
  • Modern Fitted Kitchenette And A Modern Fitted Bathroom +
  • Secure Entry Phone System And Concierge Service +
  • Security Cameras, Lift And Stairs To All Floors +
  • Close Proximity To Southend City Centre And Seafront +
  • Close Proximity To Mainline Railway stations To London +
  • Good Local Road Transport Links To The A127 And A13 +

GUIDE PRICE £200,000 TO £210,000

A Well Presented Purpose Built Two Bedroom First Floor Apartment With Own Balcony And A Permit Parking Space In A Communal Car Park

The property is situated within close proximity to Southend-on-Sea City Centre shopping facilities, restaurants and amenities. In addition it is within easy reach of both Southend Victoria and Prittlewell mainline railway stations to London Liverpool Street and the seafront with good local road transport links to both the A127 and the A13

We are delighted to offer this very well presented two bedroom first built floor apartment built in 2020 which is offered to the market with its own balcony and off street parking in a communal car park. The additional accommodation comprises a modern open plan reception room/modern fitted kitchen with integrated appliances and a modern fitted three piece bathroom. Benefits include a secure entry phone system, security cameras and concierge, lifts and stairs to all floors and a modern electric heating system. The property is in excellent decorative order throughout and early viewing is advised.

Agent Details

Bairstow Eves, Southend-on-Sea

01702 967948

Next Steps?

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